Block CEO Jack Dorsey said at the time of the layoffs that the company would have erred in some of the decisions it made and that it would correct mistakes. Block Inc., the firm behind payment platforms Square, Cash App and Afterpay, has quietly brought back a small portion of workers it laid off in...Continue Reading
AI agent users received new tools from Visa and the Stripe-backed Tempo to provide a new way for agentic payments to take place online. Visa’s crypto division has launched a tool to allow artificial intelligence agents to make payments, the same day the Stripe-backed blockchain Tempo launched alongside a protocol for AI agents. “Excited to...Continue Reading
Near the end of last year FINTRAC fined crypto platform Cryptomus $126 million and crypto exchange KuCoin $14 million for a range of alleged violations. Canada’s financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance says it...Continue Reading
“Retail-driven exuberance” in gold and silver ETFs and leveraged positions led to the end of the precious metals rally, reported the BIS. Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS). “Retail-driven exuberance,”...Continue Reading
Expectation of a relief rally came despite a widely used crypto sentiment indicator falling back into “Extreme Fear” on Wednesday. Crypto traders have become hopeful for a market rally after the US Federal Reserve held interest rates steady on Wednesday, according to crypto sentiment platform Santiment. However, analysts are split on whether a near-term market...Continue Reading
Evernorth is moving closer to a public listing after filing a Form S-4 with the SEC, the final major regulatory hurdle of its SPAC merger plan. XRP digital asset treasury Evernorth has submitted a key filing with the SEC, putting it a step closer to its goal of going public on the Nasdaq stock exchange. ...Continue Reading
“Building reliable infrastructure across blockchain networks and traditional financial rails is hard,” said Polymarket CEO Shayne Coplan. Blockchain prediction markets platform Polymarket is acquiring Brahma, a crypto startup that provides decentralized finance (DeFi) infrastructure. “As part of this transition, our team will dedicate itself to evolving Polymarket’s stack and product suite,” Brahma stated in an...Continue Reading
Another crypto user sued the IRS in 2025 for allegedly violating his Fourth Amendment rights after the agency used a John Doe Summons to collect his data from a crypto exchange. A California court on Wednesday dismissed a Coinbase user’s attempt to block an IRS summons for his financial records, in at least the second...Continue Reading
The Algorand Foundation said it has a “more sustainable alignment” of resources with the protocol’s long-term business priorities. The Algorand Foundation, the organization behind the Algorand layer-1 blockchain, said it had made the “difficult decision” to reduce its headcount by 25% on Wednesday, blaming the crypto slump and wider uncertainty. “This decision was not taken...Continue Reading
Nasdaq has been given the regulatory green light to offer some tokenized stocks, which will trade alongside traditional securities on its exchange. The US Securities and Exchange Commission on Wednesday approved Nasdaq’s pilot proposal to support the trading of tokenized versions of stocks and other securities. Nasdaq first filed its proposal in September that sought...Continue Reading
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